NOT LISTED FOR SALE

Estimated Value: $844,000 - $1,080,544

3 Beds
3.5 Baths
2,282 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $853,326 $374 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,255/month

Highlights

  • New Construction
  • Contemporary Architecture
  • 1 Fireplace
  • Lakewood Montessori Middle School Rated A-
  • Wood Flooring
  • 3-minute walk to Orchard Park

About This Home

As of February 2022

Luxury Townhomes surrounded by green space! Walking distance to Downtown Durham and The American Tobacco Campus. Unparalleled views of the Durham Skyline each with a private rooftop terrace. Three open floor plans. 3 BR 3 1/2 bath, Chef's kitchen, Oversized Island, Custom Cabinetry, Hardwood and Tile floors, Modern Appliances. Oversized 2-car garage with future expansion opportunity. Prewired for sound system and security. Elevator ready! Private Front Porch with gated entry and garden!

Last Agent to Sell the Property

Justin Florian

The Florian Companies License #307223 Listed on: 01/14/2022

Co-Listed By

Courtney Florian

The Florian Companies License #286193

Last Buyer's Agent

Johnny Chappell

Compass -- Raleigh License #267248

Compass -- Raleigh

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,176 Sq Ft Lot
  • Lot Dimensions are 18' x 65.29'

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,282 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Spaulding Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • Association fees include ground maintenance, road maintenance, storm water maintenance, trash
  • The Terraces At Morehead Hill Subdivision

Townhouse Details

Home Type

Townhome

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance, Storm Water Maintenance, Trash
  • Co List Office Phone: 919-307-5910
  • Subdivision Name: The Terraces at Morehead Hill
  • Above Grade Finished Sq Ft: 2282.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 314.0
  • General Property Information Below Grade Unfinished Area: 776.0
  • General Property Information Total Unfinished Area2: 1090.0
  • General Property Information Lot Size Dimensions: 18' x 65.29'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-01-01
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 3
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Living Room2: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Above Grade Finished Area: 2282.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1176.12
  • General Property Information Lot Size Acres: 0.027
  • General Property Information:Living Area3: 2282.0
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Hardwood
  • Appliances: Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Appliances:Tankless Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Construction Type: Brick, Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 175.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Lot Dimensions: 18' x 65.29'
  • Lot Size Sq Ft: 1176.12
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Spaulding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 28, 2022
Sold by
Terraces At Morehead Hills Llc
Bought by
White Benita
Seller's Agent
Justin Florian
The Florian Companies
Buyer's Agent
Johnny Chappell
Compass -- Raleigh
List Price
$845,000
Sold Price
$853,326
Premium/Discount to List
$8,326
0.99%
Current Estimated Value
$996,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,060
Avg. Annual Appreciation
4.08%
Original Mortgage
$647,000
Outstanding Balance
$601,931
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$394,455
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
White Benita $1,707 Beemer Hadler & Willett Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Benita $647,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $853,326 -- --
02/28/2022 02/28/22 Sold $853,326 +1.0% $374 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $845,000 -- $370 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,440 $1,053,158 $350,000 $703,158
2024 $8,042 $576,549 $160,000 $416,549
2023 $7,552 $576,549 $160,000 $416,549
2022 $7,379 $576,549 $160,000 $416,549
2021 $3,554 $279,015 $160,000 $119,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2426862

Doorify MLS

APN: 227549